Clearview Capital's $45 mln buy of Novik nears finish line with shareholder vote
Investors in Novik Inc (TSXV: NVK) have approved the company's acquisition for approximately $45 million by U.S. private equity firm Clearview Capital. The previously announced transaction was approved by close to 78 percent of all Novik shareholders present or represented by proxy at a meeting held this week. The company expects that the deal's closing will occur on February 14, 2014. The Saint-Augustin-de-Desmaures, Québec-based Novik is a manufacturer of polymer exterior siding, roofing coverings and accessories.
11 February 2014•4 mins read
